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Form F. K, 233
STa TELENT FOR THE PRESS
Released fo r p u b lica tio n
Friday morning, August 27;
not e a r lie r ,

Board o f Governors
o f the Federal Reserve System
August 26 , 19^3

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended August 25 member bank reserve balances increased
$1+2,000,000. Additions to>member bank reserves arose from increases of
$551,000,000 in keserve Bank credit and $ 6 ,000,0-.'0 in Treasury currency, offset in
part by increases of $219,000,000 in nonmember deposits and other Federal Reserve
accounts $205.000,000 in Treasury deposits with Federal Reserve Banks,
$c>9.000,000 in money in circulation and $3,000,000 in Treasury cash, .Excess
reserves of member banks on August 25 were -¿Jstimated to be approximately
$1,110,000,000, a decrease of $130,000,000 for the week.
- There, was. an. increase of $621,000,000 in holdings of United States Government
securities. B ills increased $600,000,000, certificates $15,000,000 and bonds
$6 , 000 , 000 .
Changes in member bank reserve balances and related items during the week
and the year ended August 25, 191+3, were as follows t

Increase or decrease
since
Aug. 25,

191*3

Aug. 13,
.19U3

Aug. 26,

191+2

(In millions of dollars)

Member bank reserve balances
Honey in circulation
Treasury cash
Treasury deposits with F. R, Banks
Nonmomber deposits and other P. R. accounts




+ '22
+621

12

+ 1
: - 93

CO

Total Keserve 'Bank credit
Gold stock
Treasury currency

1|0
s,7UU
33

OS
K

B ills discounted
U. S. Government direct obligations
U# S. Government guaranteed obligations
Industrial advances (not including 12 million
commitments - August 25 )
Other Reserve Bank credit

—

+
35
+5,360
+
23

2
+

I9 I

9,137

+551
+ 1
+ 6

+5,612
- U55
+ 761

12,702

+ 1+2
+ 09
+ 3

+ - 176
+5,21+6
+
63
+ 120
+ 305

22,292
It, 090

10,303
2,282
301+
1,936

+205
+219

STAÏliL^hKT OF G E D I T I O N Or Tlliü ySüElûJ, REb-JftVE BA1ÎKS ON AUGUST 25, ;I9Ù 3
(In thousands of dollars)
Total
Boston Now York
Phila.
Clove.
Rich. Atlanta
Chicago St.Louis Minn. Kans.Cy. Dallas San Fran.
L l i / B L L I I I E S
F .'R. notes, in actual c i r *
culation
114, 710,293 1043,646 3, 2 51,13 1 1029,774 1,342,647 950,919 772,399 2,31*7,932 .613,01*9 340,391 523,916 341,105 1,631,331*
Deposits:
Member bank-rescrvo a cct. 12,702,115 '623,019 1*,31*6,139 653»313 1,022,>¿60 523,732 404,545 1,971,1*30 1*22,969 273,9314 564,562 1*75,351* 1,339,753
23,061
U.S.Treasurer-genural acct. 303,61*9
3,325
3 5,390
21,81*6
29,705
11,035
13,925
32,496
15,645 14 , 527
15,230 25,614
32,639
Foreign
1,229,.603
20, 6 2 6 1 / 577,909 103,276
100,015
1*6,71*6
33,049
132,629
32,614 23, 9 1 7 . 30,439
32,614
42,702
Other
375,409
4,659
273,537
5,221
3,374
3,423
2,674
4,935
0,063
3,50 1
4,544
2 , 1*76
Form F. ft./23Jc

Total deposits
11*, 610,776 665,929 5,233,555 703,661 1,161,054 590,736 544,193
Deferred availa b ility items 1,114,759
62,233
227,652
.66,079
115,300
94,647
>0,657
Other lia b ilit ie s including
accrued dividends
190
131
2,104
532
442
674
5,005
TOTa L.LIABILITIES
30,441,713 13"00,9'06 0,,764,442 1330,31*6 2, 619,443 1644,533 1379,028
Capital paid in
6,030
5,348
55,000
11,706
15,444
149,025
9,532
Surplus (Section 7)
5,725
53,001
15,670
14,767
5,236
160,411 • 11,160
Surplus (Section 13t>)
26,029
7.070
4,393
1,007
3,244
717
2,074
Other capital accounts
4,403
26,156
6,627
0,626
4,034
5,665
91,513
TOTiii LIABILITIES aND
CAPITAL accounts
30,-869,491 1330,137 0, 910,677 1919,242 2,659,207 1663,539 1394,052
Commitments to make industr ial.
advances
9
1,042
400
41
710
11,932
943
7. K. notes outstanding
Collateral for F.ft.notes
held by F.R.Agents:
Gold certificates
Eligible paper
U. S. Gov1t securities

15,263,325-1033,304' 3,347,702 1060,555 1,373,132

506

203

614,32 5 536,053 1,433,205
120,913
62,973 33,300

I99

261

322

I73

5,143,163 1149,131 6?6,21*6 1206,975 915,721 3,241,274
12,132
4,536
16,566
4,341
3,107
4,o37
■22,925
3,221
11,044
4,033
3,613
4,966
2,121
1,000
530
1,137
1,307
1,429
6,656
4,092
4,060
13,067
3,455
3,779
5,197,955 1163,332 707,433 1220,650 929,102 3,273,277
1,760

033,061 2, 399,616

• 3,000

—

651,464 355,063

--

3,219

553,553 377»236 1 , 732,201

.

11*, 011,000
39,477
1 , 416,900

Total
B ills discounted
40,364
Industrial advances
11,791
U. b. Government securities $
direct and guaranteed
3,776,311



905,770

2, 11*1 , 1*90 400,091 320,929
. 153,110
55,733 26,227

970,000 2, 770,000
6,200
21*, 807
120,000
600,000
TSithin
15 days
33,376

10,460

920,000 1 , 300,000 377,000 740,000 2, 930,000 375,000 356,000 560,000 334,000 1 , 749,000
—
—
—
100
100
5,500
2,030
740
—
— ■ "
—
316,900
5,000
125/000 100,000
150,000
1.1PURITY DISTRIBUT iOH OF BILLS uUD SECURITIES

16 to
30 days
970
76

31 to
60 days
923
09

61 to
90 days
95
39

9I days to
6 months
442

6 months
to 1 year
—
21*3

1 to 2
yea:rs
—
312

239,600
217,100
693,650
979,120
967,009 2,21*2,363
1 , 073,316
l / A fter deducting $650,566,000 p a r tic ip a tio n s o f other Federal Reserve Banks.

2 to 5
years
—
125

690,.671

Over
5 years
—
—

065,477

Form F. k. 2B>a'
Released for publication Friday .morning, August 27,19^3; n 0 ^ earlier.

STaTEI iEin? OF CONDITION
OF TKii TWELVE FSDERa L RESERVE BANKS COF.3IKED
(In thousands of d olla rs)
Increase or decrease
since
Aug, 25,
19143

.mg. 18,
191+3

-ug. 26,
191*2

20, 036,216
G6,<i lit
330,551
20,1+53» 131

- 13,1+96
+ 11,1*29
+ 1,375
192

511*, 910
+
73,373
+
05,513
— 356,019

1+0, 361+
—

+ 22,1+17
—

1+0, 361+
11,791

+ 22,.a i.7
+
300

+
+

3 S -E T S
Gold c e r t ific a te s on hand and due
from U. S. Treasury
Redemption fund - F. R. notes
other cash
Total reserves
B ills discounted:
Secured by U.S. Gov’ t obligation s,
d irect and guaranteed
Other b i l l s discounted
Total b i l l s discounted

36,039
1,092
31+, 9l*7
2,390

Industrial advances
U. S. Government secu rities,
d irect and guaranteed:
Bonds
Notes
C ertifica tes
B ills
Total U. S. Government s e cu ritie s ,
d irect and guaranteed

1 , 1+;; 1 , 31+0
/ 23, u00
1 , 106, 700
5,a65,3o3

+

6,000
—
+ 15,000
+600,136

163,935
it, 705
+ 765,727
+1+,,795,953

3,776/111

+621,136

+5j,303.,oUo

Total b i l l s and secu rities

3, 323,966

Due from foreign banks
F, k. notes of other banksUncollected items
Bank premises
Other assets

127
- '62,073
1 , 1+22,1466
33,602
61+, 071

+61+3,^53
-360
-233,! i09
29
227

+5j,1+20,597
+
30
+
32,009
+ ]575,loU
1,706
+
13,361

30, 369, 1+91

+359,556'

+5,,1433,31+6

H+,710,293

+ 01+, 710

+-1+,,679,352

12, 702,115
303, 61+9
1 , 229,603
375,1+09
i t , ¿ 10, 775

+ 1+2,51+7
+20I4, 5^9
+ 31,561
+135,093
+I46I4 ,570

+
+
+
*

175,697
127, 69!+
521,963
9 u 630
570, 72!+

i,iil+ , 759

-190,555

+

10I4, U37

3I46

+

TOTAL ASSETS

-

L I A B I L I T I E S
F. R. notes in actual circu la tion
Deposits?
i.-icmber bank-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Other li a b i l i t i e s including
accrued dividends TOTa L LIABILITIES
c a p i t a l

5,-35
30,1+1+1,713

+359,071

i,T 5 °
+5, 1*36,263

c c q d f t s

Capita-1 paid in
Surplus (Section 7)
Surplus (Section 13b)
wther capita l accounts
TOTAL LIABILITIES. AND C^PIT,vL ACCOUNTS
Ratio o f to ta l reserves to deposit
and F.k. note l i a b i lit ie s combined

11+9,025
•160 , a ll
26,329
91,513
30, 865, 1+91

Commitments to make industrial advances

11,932




+

69 . 3°/»

3

+

—

+

1+80

+
+

3,063

2,909
1
uo
1+0,763

+359,556

+5, 1+33,01+6

-

-

1.39b
331

-

16. 6,
c .7 3

Form F. R.' 283b
STATEMENT OF CONDITION OF THB FEDERAL RESERVE BANKS ON AUGUST 25, 19^3
(I n thousands o f d o lla r s )

ASSETS
Total

Boston

New York

Phi la .

Cleve.

Rich.

Gold certificates on hand and
due from U.S.Treasury
20, 036,216 1210,182 4 , 606,779 1210,898 1,885,185 I I 55,425
623
redemption fund - F.R.not*es
7,362
86,1*11*
8,018
29,987
8,079
23,366
Other cash
27.920 ;
21*,981
83,155
330,551
28,283
Total reserves

Minn. ICuns.Cy. Dalias San Fran.

630,291 1*70,915
20,31*1
139
12, 31*5
8,853

870, 1*50 620,298 2,.425,3ft2
783
3,333
755
Ì 6 ,510 10,258
38,145

20,1*53,181 121*6,120 1*,719,921 121*3,958 1,909,171* 1191,070 1012,509 3 ,91*1,661

722, 9 7 7 1 *79,907

857,715 631,339 2.,466,330

6,200
—

21*, 807

Total b i lls discounted

40,364

6,200

Indu str i al advanc es
11,791
U. S. Government secu rities,
direct and guaranteed:
3onds
1,1*81,31*8
Notes
723, 1*00
Certificates
1,106,700
B ills
5,1*65,363

1,461

Total U.S. Gov’ t securities,
direct and guaranteed
8,776,811

71*0
—

525
—r

2,030
—

—

21*, 807

71*0

525

2,030

—

159

4,759

706

375

231*

1*

262,699
119» 1*77
123,286
58,345
89,260
196,261
168,21*1* 3,21*1,8^9

122,508
173,301*
59.825
8l*,631
91.525 . 129,1*73.
305,321
197,71*9

96, 1*67
1*7,109
72,067
129,1*11*

36,526
1*2, 251*
61*, 61*1
101,160

203,897
99,571
152,331
577,390

1*8,81*2 50,311*
23,351 21*, 570
36,1*9° 37,583
256,336 '76,990'

435,326 3, 829,115

579,179

585,157

345,057

294,589 1 , 033,139

366,019 139,462

442,937 3,854,081

594,678

. 586,388

347,462

294,323 1 , 033,203

13
2,334
78,953
4,672
4,634

13
2,754
143,554
4,251
3,153

6
7,965
110,065
2,960
4,.oo5

Total b i lls and
securities

8,828,966

Duo from foreign banks
F.R. notes of other banksUncollected items
Bank premises
Other assets

127
3
62,078
1,436
1,422,466 132,362
38,602
2,689
64,071 : 4,540




Chicago St.Louis

990, 31*5 3, 900, 11*6
6,222
722
15, 91*2
1*0,793

B ills discounted:
¿Secured by U.S. Govf t obligations,
direct and guar-^teed
1*0, 36a
Other b ills discounted
—

Total*¿¿¡SETS

Atlanta

—

1/ 46
10,311
303,565
9,695
■ 12,558

—

5
5,706
76,664
1,667
3,473

230
—

15

5,500
—

100
—

100
—

15

5,500

•100

100

117 •

1*5

30

18

4,000

74*593
36,427
55,725
77/156

169,645
82,845
126,742
255,697

240,883 243,901

634,929

—

—

73,076
35,686
54,597
77,529

' 117
--

230

639,159
371,519 139,607 241,013 ¿44,036
.. 1* .
211
17 ■. 4
3
9,090
1,301
•2,218
4,176
7,572
; 6,715
204,694
73,463 47,327
143,450
60,313 33,056
1,002
2,002
1,292
2,761
2 ,641
2,384
7,096 ,
2,268
3,Î76
.8,776, 1 2,262
■*. •
„

30, 369,491 1330,137 3,910,677 1519 , 21*2 2,659 ,207 1663,539 1394,352 5,197,955 1ï63,332;707,433 1220,653 9^9,102 3,273,277
l / A f t e r deducting $81,000 p a r tic ip a tio n s o f other Federal Reserve* Banks'.